PSI Advisors LLC Grows Stock Holdings in iShares MBS ETF (NASDAQ:MBB)

Posted by Paula Ricardo on Oct 24th, 2024

PSI Advisors LLC grew its holdings in shares of iShares MBS ETF (NASDAQ:MBB – Free Report) by 79.1% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 813 shares of the company’s stock after purchasing an additional 359 shares during the period. PSI Advisors LLC’s holdings in iShares MBS ETF were worth $78,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in MBB. Financial Management Professionals Inc. acquired a new position in shares of iShares MBS ETF during the first quarter worth $26,000. Chris Bulman Inc acquired a new position in shares of iShares MBS ETF during the second quarter worth $31,000. Rothschild Investment LLC acquired a new position in shares of iShares MBS ETF during the second quarter worth $33,000. Godsey & Gibb Inc. acquired a new position in shares of iShares MBS ETF during the third quarter worth $33,000. Finally, Massmutual Trust Co. FSB ADV lifted its position in shares of iShares MBS ETF by 254.2% during the third quarter. Massmutual Trust Co. FSB ADV now owns 464 shares of the company’s stock worth $44,000 after purchasing an additional 333 shares in the last quarter. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $93.19 on Thursday. The company’s fifty day simple moving average is $95.29 and its 200-day simple moving average is $93.04. iShares MBS ETF has a 52 week low of $85.85 and a 52 week high of $96.76.

iShares MBS ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.3177 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

iShares MBS ETF Profile

(Free Report)

iShares MBS ETF (the Fund), formerly iShares Barclays MBS Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results, which correspond to the price and yield performance of the Barclays Capital U.S. MBS Index (the Index). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage (GNMA).